A fishing reel is provided having a pair of opposed sidewalls with a spool holding fishing line rotatably supported between the sidewalls. The spool is freely rotatable in a first direction to release fishing line from the bottom portion of the spool, and is mechanically rotatable in a second direction opposite to the first direction to retrieve the fishing line and to wind the line back onto the spool. A handle crank is provided for imparting rotation to the spool in the second direction by rotation of the crank in the same, second direction.